Manufacturing in Australia is getting tougher all the time and the competitive pressure is unrelenting. To remain competitive, you must continually cut costs, increase productivity and improve quality, while at the same time offering better service, faster delivery and lower prices. Although this sounds impossible, fortunately there is a tool to help you accomplish all this and more.
The Enterprise Resource Planning (ERP) approach focuses on cutting costs and boosting productivity by integrating all your production processes into one cohesive system. If you do it right, ERP can literally transform inefficient manufacturing businesses with high cost structures into lean, mean operations that can compete with anyone in the world by:
- Improving on-time deliveries and inventory control while simultaneously reducing administrative overhead
- Streamlining all of your manufacturing processes by increasing visibility throughout the organisation.
To some, the above would sound too good to be true. So, they wonder:
- Can ERP really work in my business?
- If so, how do you find the right system?
- What does it take to install an ERP system and how long does it take to get up and running in a company?
- What kind of return on investment (ROI) can you expect?
- Can ERP software actually deliver on all that it promises to do?
If you are considering ERP software to replace your standalone Financial Management System (for exampleMYOB), these are legitimate questions. Every company faces different challenges and has different needs in regards to ERP, so there is no cookie-cutter template for implementing the ERP software. However, we have found that certain basic principles apply in nearly every situation, and that following these principles will greatly increase your chances of a successful implementation. So, if you are ready to take your business to the next level, here are eight things you need to know to successfully implement an ERP system right the first time in your business:
- Assemble a Cross-Functional Team to make all decisions the purchase and deployment;
- Choose the right software for your business
- Choose the Right ERP Partner
- Provide full management support
- Get employee buy-in
- Have a written implementation plan
- Select the right implementation approach
- Train, train and train some more
Ultimately, the success of any ERP implementation depends on three critical factors: firm support from senior management; a written plan with clearly defined goals, timeline and responsibilities; and comprehensive training schedule that includes vendor-based, on-site and online training. For more details, please ….
Please register to organise an obligation free, face-to-face meeting with our Principal ERP Systems Consultant.